IR35 fine - advice please!
Hi, advice needed please. I am a locum worker working under a limited company status. HMRC investigated and ruled that I am working within IR35. I have a tax accountant that fought the case but given...
View ArticleRemoved from self-assessment
Quick question for fellow tax people. Few years back I appealed a P800 on behalf of a neighbour - a young lady with three part time jobs. Despite the rather obvious errors (HMRC included P60 details...
View ArticleUnderpaid tax
I got a letter saying I have under paid tax by £317. They have sent a bunch of numbers saying how they have worked it out but I'm confused. How do I know if it's correct or not? Do I need to total up...
View ArticleTax on expense
Hi, I am currently self employed and do a lot of work for one company. I have to invoice them weekly as they pay me on a day rate. When they pay me they deduct the tax and pay it for me. I also invoice...
View ArticleWorking from home as an employee; not self-employed?
I couldn't find this particular question covered in the Sticky etc. I work from home (permanently) as a full-time employee. I'm not currently self-employed. I do use an area of my home exclusively for...
View ArticleQuestions about self assesment
I just need help on some parts of the tax return. The tax year 6 april 2013 - 5 April 2014 I put me property up for Let on August 2013 and onward, so would I have to give the details of tax return from...
View Articlepayslip confusion
need some help understanding my payslip . how is the tax free allowance removed from the taxable pay . on my payslip the gross amount if £40,000 and the taxable amount is £40,000. am i correct in...
View ArticleTax Return
I have just left a job recently where I was employed on the Paye role. I earn't £3014.84 for the time I was there (Jan 14 - Dec 14) Im also self employed and earn around £15000 pa from that. When I...
View ArticleQuick Inheritance Tax Question - estate under £400k
I'd just like to confirm if I'm right in thinking that the inheritance tax limit for a couple is £600k? In my case, as an only child, there is absolutely no way that my parents estate will ever exceed...
View ArticleSelf Assessment question (hopefully simple!)
Hello! Hopefully someone experienced with the Self Assessment system can help me with this as I know there are likely long wait times on the phone for one of the HMRC helplines being so close to...
View ArticleDo Transfers between spouses have to be declared
Do large transfers of investments between living husband and wife (which are free of IHT or tax) have to be declared to HMRC either in the tax form or in an IHT form during probate? Thanks
View ArticleTax status as an agency supply teacher
As a teaching supply teacher I have up until recently been paid by an umbrella company - very straightforward but not very cost effective. I get the majority of my work through teaching agencies. I...
View ArticleInheritance tax ?
Is there a limit on how many times you can inherit tax free?? Example: If left a property and assets which falls under 325k in 2010 then left another say 4 years later would that be tax free the also?
View ArticlePlease could somebody check my understanding
I expect to earn £66k in the 2014-2015 tax year after salary sacrifice payments. My aim is to make contributions to my SIPP to move myself out of the 40% tax bracket. I make monthly payments of £500 to...
View ArticleSelf cert Tax loss
Hi, I hope someone will be able to answer my question. My partner and I have a couple of rental properties and because of that we have to file a self cert every year. up to now we have always done it...
View Articletax help: miscellaneous
I've made a couple errors in the previous years return (despite other returns being fine) which I hope NOT to repeat 1) I didn't take into account payment on account made for 13/14. Where can I find...
View Articlemissing invoices - a problem? (self employed)
I work self employed for 3-4 companies mainly. I keep invoices in paper copy in am a4 binder in order. If i'm missing invoices (but still have the income declared on my return), is this a problem in...
View ArticleSelf Assessment 2013/14 online Business Miles
Sorry if this is a FAQ but I can't find a recent response to similar questions: I want to claim relief on business miles in a personal car. I know the calculation but I just cant work out where to...
View ArticleIHT400- any cost economic services for help with completion?
As part of a probate for simple will in that all passes to spouse an IHT400 has to be completed as value is >£1m as opposed to simple form. The spouse has all information and happy to attempt to...
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